Property profile

51 52nd NE Way Fridley, MN 55421

OFF-MARKET
Industrial properties
Property ID
US46-0528482
60,726 SF 5.94 ac lot Built 1980
Entity Owned 16-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1980
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 60,726 SF
Lot 5.94 ac (258,901 SF)
APN 27-30-24-12-0042
UPID US46-0528482

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store Food Market

Location

51 52nd NE Way Fridley, MN 55421-1004
Fridley metro Census 51206 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.86M
Blend (final) Blend
$4.90M

Owner & transaction history

since 2010
1 recorded transaction
2010
$2.5M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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